Islamic Finance
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Utilities of KOHENOOR KEN
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Is Blockchain and Crypto trading / holding, Halal?
The simple answer is Yes, it is Halal in major. However, certain crypto projects are developed for purposes not endorsed or are in conflict with Islamic principles and trading them is disliked and sometimes, Haram (prohibited). Therefore, one must always read about the project in detail before investing in that because investing in a project… Continue reading
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Islamic Mudharba as a financial concept and a contract
Mudarabah is a financial concept and contract used in Islamic finance. It is a form of profit-sharing partnership where one party (the investor or “rab-ul-maal”) provides capital, and the other party (the manager or “mudarib”) contributes expertise and management. Profits generated from the partnership are shared between the investor and the manager according to a… Continue reading
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